federal_register: 94-7843
This data as json
| document_number | title | type | abstract | publication_date | pub_year | pub_month | html_url | pdf_url | agency_names | agency_ids | excerpts |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 94-7843 | Small Business Investment Companies; Leverage; Participating Securities; Conditions Affecting Good Standing of Licensees | Uncategorized Document | This final rule implements certain of the changes to the Small Business Investment Act of 1958, as amended, made by the ``Small Business Equity Enhancement Act of 1992 (September 4, 1992).'' The changes implemented by this rule relate to Leverage provided to SBICs by SBA, and include increasing from $35 million to $90 million the amount of Leverage that may be outstanding to any one Licensee or group of Licensees under common control, incrementally reducing the maximum ratio of Leverage to capital as capital is increased, establishing a new form of Leverage (Participating Securities) which will be available to Licensees that make Equity Capital Investments in small concerns, permitting Specialized SBICs that are organized as limited partnerships to obtain Leverage from SBA in the form of a preferred limited partnership interest, and making other technical changes necessary to implement the legislation. | 1994-04-08 | 1994 | 4 | https://www.federalregister.gov/documents/1994/04/08/94-7843/small-business-investment-companies-leverage-participating-securities-conditions-affecting-good | Mines Bureau; Small Business Administration | 290,468 | This final rule implements certain of the changes to the Small Business Investment Act of 1958, as amended, made by the ``Small Business Equity Enhancement Act of 1992 (September 4, 1992).'' The changes implemented by this rule relate to Leverage... |